Norfolk Southern NSC
NYSE NSC
$323.40 -4.52 (-1.38%)
As of: Sep 9, 2026 · 3:59 PM EDT

Norfolk Southern (NSC) Total Debt (2009 - 2026)

Norfolk Southern's (NSC) quarterly Total Debt came in at $16.6 billion in Q2 2026, down 4.32% year-over-year from $17.4 billion in Q2 2025, and down 2.84% quarter-over-quarter from $17.1 billion in Q1 2026.

Analysis

Norfolk Southern (NSC) Total Debt (2009 - 2026) Analysis & Trends

Norfolk Southern (NSC) has reported Total Debt for 18 consecutive years, with $16.6 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Total Debt fell 4.32% year-over-year to $16.6 billion in Q2 2026; TTM through Jun 2026 was $16.6 billion, a 4.32% decrease from a year earlier, with the FY2025 full-year figure at $17.1 billion, down 0.69% from the prior year.
  • Total Debt was $16.6 billion for Q2 2026 at Norfolk Southern, down from $17.1 billion in the prior quarter.
  • Over five years, Total Debt peaked at $18.0 billion in Q1 2024 and troughed at $14.8 billion in Q1 2022.
  • A 5-year average of $16.5 billion and a median of $17.1 billion in 2025 frame the typical range for Total Debt.
  • Across the five-year window, Total Debt advanced 19.96% in 2024 and dropped 4.32% in 2026, its largest moves.
  • Over 5 years, Total Debt stood at $15.2 billion in 2022, then increased by 13.15% to $17.2 billion in 2023, then rose by 0.16% to $17.2 billion in 2024, then slipped by 0.69% to $17.1 billion in 2025, then decreased by 2.76% to $16.6 billion in 2026.
  • The last three Total Debt figures came in at $16.6 billion (Q2 2026), $17.1 billion (Q1 2026), and $17.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Union Pacific 172.02 Bn 169.90 Bn 6.50 Bn 30.33 Bn
2 Csx 91.53 Bn 90.15 Bn 3.29 Bn 18.86 Bn
3 Canadian Pacific Kansas City 80.52 Bn 80.97 Bn 2.92 Bn 18.18 Bn
4 Norfolk Southern 73.97 Bn 72.91 Bn - 16.62 Bn
5 FTAI Infrastructure 403.00 Mn 74.11 Mn 69.44 Mn 3.24 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.62 Bn
Mar 31, 2026 17.10 Bn
Dec 31, 2025 17.09 Bn
Sep 30, 2025 17.08 Bn
Jun 30, 2025 17.37 Bn
Mar 31, 2025 17.22 Bn
Dec 31, 2024 17.21 Bn
Sep 30, 2024 17.20 Bn
Jun 30, 2024 17.74 Bn
Mar 31, 2024 17.98 Bn
Dec 31, 2023 17.18 Bn
Sep 30, 2023 16.58 Bn
Jun 30, 2023 15.13 Bn
Mar 31, 2023 14.99 Bn
Dec 31, 2022 15.18 Bn
Sep 30, 2022 15.07 Bn
Jun 30, 2022 15.05 Bn
Mar 31, 2022 14.84 Bn
Dec 31, 2021 13.84 Bn
Sep 30, 2021 13.83 Bn